Wood advances rare earth elements project in Mongolia
Global consulting and engineering firm Wood has been selected by the Mongolian National Rare Earth Corporation (MNREC) to deliver a definitive feasibility study for its Khalzan Buregtei rare earth elements (REE) project, in Mongolia.
Following the successful completion of a prefeasibility study in 2024, Wood will now lead the next phase, covering the project concentrator and refinery process plants.
It will be the lead consultant for the delivery of the overall feasibility study on MNREC’s behalf.
Wood points out that the Khalzan Buregtei deposit is poised to become one of the world’s few active sources of heavy REEs, including dysprosium – critical for high-tech manufacturing and green energy technologies.
As global demand for these materials grows, it says the project represents a vital step toward securing sustainable supply chains.
“Rare earth elements are critical to sustaining modern technology and enabling the energy transition. Delivering the Khalzan Buregtei project will significantly contribute to global supplies of these critical materials.
“Mongolia has the potential to become a hub for mineral activity in the coming decades. This newest contract underpins Wood’s strategic growth in Mongolia and our commitment to developing its local workforce and economy,” says Wood minerals and metals senior VP Alan Langridge.
“Wood has been instrumental in assessing the economic and technical viability of Khalzan Buregtei thus far, focusing on resource evaluation, potential processing technologies and environmental impact. We look forward to continuing to strengthen our relationship as we enter the next phase of this groundbreaking project,” adds MNREC CEO Tsolmon Adiya.
Comments
Projects
Latest News
Showroom
Advancing leadership in technology, innovation, and project management excellence
VISIT SHOWROOM
ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
